The US marketplace giant eBay has announced that it will cut around 800 jobs across the company. This corresponds to six percent of the global workforce.
The platform confirmed the news in a statement shared with various media outlets, including the Wall Street Journal (WSJ). “We are taking steps to reinvest across our business and align our structure with our strategic priorities. This will impact certain positions in our workforce,” it said. “We are grateful for the contribution of the affected employees and are committed to supporting them with care and respect.”
Although the exact positions affected were not named, eBay said there would be cuts across the company. In this way, the company wants to respond to changing operational requirements and align itself with future priorities.
This is the third round of layoffs at eBay since 2023. The company cut around 500 jobs in early 2023 and another 1,000 jobs later in 2024. Both rounds came against a backdrop of weaker consumer spending.
In recent years, Ebay has instead focused on implementing artificial intelligence (AI). Corresponding tools are increasingly being introduced throughout the company to improve the user experience and increase efficiency.
This latest announcement follows Ebay’s announcement last week that it would acquire second-hand marketplace Depop. The $1.2 billion deal is intended to strengthen eBay’s positioning in the fashion sector. This takes advantage of Depop’s young, highly committed community.
This article was created using digital tools translated.
FashionUnited uses artificial intelligence to speed up the translation of articles and improve the end result. They help us to make FashionUnited’s international reporting quickly and comprehensively accessible to a German-speaking readership. Articles translated using AI-based tools are proofread and carefully edited by our editors before they are published. If you have any questions or comments, please email [email protected]
